NYC Debt Collection: The Business Record Rule
Winning your New York debt collection case may hinge on your company’s record keeping abilities. In order to succeed and win your case you must prove
Sued in a New York City Debt Collection Case?
Are you being pursued for monies allegedly owed in a New York debt collection case? Your best line of defense is to contact and hire a New York City debt collection attorney. A collection attorney that’s practice is devoted exclusively on the bad debt that is.
Six (6) Reasons Why it May be Too Late to Collect your Money
It’s never too late does not apply to New York commercial debt collections. Here is a list of the top six (6) reasons why it may be too late to collect your money:
Can Laws Designed to Protect Consumers Affect Collecting Commercial Debt?
Chances are you have heard of the Fair Debt Collection Practices Act (FDCPA) –– a federal law created to protect consumers from unsavory debt collection practices. The law prohibits debt collectors from using any type of abusive, unfair, or deceptive practices to collect money.
Credit Insurance: A Tool to Prevent Loss Due to Bad Debt.
In an effort to manage risk of loss due to bad debt, some businesses secure credit insurance. The policies are designed to insure receivables against loss. In the event of non-payment, a claim is made to the insurer in accordance with the terms of the policy. The insurer will attempt
Exemptions That Protect Assets From Judgment Execution
An amendment designed to protect assets belonging to consumers from judgment execution has effectively become a loophole in the commercial debt collection world. The Exempt Income Protection Act added another exemption to the list of assets exempt from judgment execution by judgment creditors. Assets that are exempt — in whole
What Happens to My Money After My New York Collection Attorney Collects it?
Great news! Your collection attorney has recovered part or all of the monies owed to you. Now that these funds have been recovered, you may be wondering what’s next. Here are some questions we frequently receive, and our answers regarding the process.
FFGN New York Commercial Debt Collection Firm licensed by the Department of Consumer Affairs
Frank, Frank, Goldstein & Nager maintains a current debt collection license from the New York Department of Consumer Affairs. Our license number is: 1277212-DCA.
Fee Dispute Provisions: What’s in your contract?
Understand the consequence of the fee dispute provision in your contract before being faced with a non-paying customer. When asked to assist to collect a claim, one of the first questions we ask is about the dispute resolution clause in the client’s underlying contract.
Improve Your Realization Rates by Stacking the Deck in Your Favor
Realization rate measures time billed with the percentage of fees collected. The higher the percentage of billings collected, the higher the realization rate.